One Direction hires company to manage wealth

London: British band One Direction has reportedly hired a top firm to manage their finances.

The band, which comprises of Niall Horan, Zayn Malik, Harry Styles, Liam Payne and Louis Tomlinson, is said to have enlisted the services of company Grant Thornton, who will take care of their wealth, reports mirror.co.uk.

"Although they`re all mature for their age, they are still five young boys at heart, and have all made mistakes - it`s part of growing up," a source said.

"They`ve now been assigned a small team at one of the country`s top money service providers who will be advising the boys on matters of tax, capital and investment," the source added.

The band became famous after participating in British reality show ‘The X Factor’ in 2010 and collected an estimated wealth of 15 million pounds each in two years.

"One Direction have become one of Sony`s biggest draws and the label wants to make sure the guys are looked after," the source said.